| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 53rd | Fair |
| Amenities | 48th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 141 Greentree Ln, La Habra, CA, 90631, US |
| Region / Metro | La Habra |
| Year of Construction | 1972 |
| Units | 24 |
| Transaction Date | 1994-03-02 |
| Transaction Price | $340,000 |
| Buyer | STAD JANAINA B |
| Seller | TRUST OF GARY F COOK |
141 Greentree Ln La Habra Multifamily Investment
Neighborhood occupancy has been resilient and competitive within the Anaheim–Santa Ana–Irvine metro, supporting steady leasing fundamentals, according to WDSuite’s CRE market data. For investors, the area’s high-cost ownership market helps sustain renter demand and pricing power over time.
Located in La Habra within the Anaheim–Santa Ana–Irvine, CA metro, the property sits in a neighborhood rated C- with strong renter demand indicators. Neighborhood occupancy is 97.4%, which is top quartile nationally and competitive among Anaheim–Santa Ana–Irvine neighborhoods (ranked 168 of 516). Median contract rents in the neighborhood track on the higher end versus national benchmarks, while NOI per unit performance trends competitive among metro peers (ranked 127 of 516; top quartile nationally), based on CRE market data from WDSuite.
Livability is supported by dining access: restaurant density is in the 97th percentile nationally, and grocery access is also strong at the 94th percentile. By contrast, cafes, parks, and pharmacies are limited within the neighborhood’s measured bounds (near the bottom nationally). This mix points to everyday convenience for residents while leaving room for amenity growth over time.
Tenure patterns indicate a balanced housing base with an estimated 39.8% of units renter-occupied in the neighborhood (above the national norm). For multifamily investors, that share supports a stable tenant pool without overreliance on a single renter segment.
Demographics aggregated within a 3-mile radius show modest population growth historically and a projected increase in households ahead, implying a larger tenant base. Incomes have risen meaningfully in recent years, and forward projections suggest continued gains, which can support rent levels and retention. Elevated home values in the neighborhood (94th percentile nationally) and a high value-to-income ratio (96th percentile) underscore a high-cost ownership market that reinforces reliance on rental housing. At the same time, a rent-to-income ratio near 0.24 suggests manageable affordability pressure relative to many coastal submarkets, aiding lease stability.
Vintage context: the neighborhood’s average construction year is 1975. With the subject property built in 1972, the asset skews slightly older than the local average, which points to potential value-add through targeted renovations or systems upgrades to improve competitive positioning versus newer stock.
Comparable crime data for this specific neighborhood was not available in WDSuite for the current period. Investors typically benchmark neighborhood safety trends against metro and citywide sources to understand relative positioning and trajectory over time. Consider pairing metro-level statistics with on-the-ground diligence to assess resident perception and impact on leasing and retention.
Nearby employers span aerospace and industrial, auto parts distribution, packaging, telecom, and a major utility headquarters, supporting a broad commuter base and reinforcing renter demand within practical drive times.
- United Technologies — aerospace & industrial (4.3 miles)
- LKQ — auto parts distribution (6.5 miles)
- International Paper — packaging & paper (8.3 miles)
- Time Warner Business Class — telecom services (8.6 miles)
- Edison International — electric utility (11.9 miles) — HQ
This 24-unit asset at 141 Greentree Ln offers exposure to an Orange County neighborhood with high renter demand indicators and relatively stable leasing dynamics. Neighborhood occupancy is above the metro median and top quartile nationally, according to CRE market data from WDSuite, while elevated ownership costs in the area help sustain multifamily demand and support pricing power. The immediate trade area benefits from strong restaurant and grocery access, with broader employment nodes within short drive times.
Built in 1972, the property is slightly older than the neighborhood average (1975). That vintage sets a clear value-add path: targeted interior updates and systems modernization can enhance competitiveness versus newer stock and help capture demand from a growing and higher-income renter pool within the 3-mile radius. At the same time, limited neighborhood park/cafe inventory and mixed tenure dynamics warrant thoughtful leasing and retention strategies.
- Competitive neighborhood occupancy supports leasing stability versus metro peers
- High-cost ownership market reinforces depth of renter demand and pricing power
- 1972 vintage presents value-add potential through renovations and system upgrades
- Strong access to restaurants and groceries aids day-to-day livability for tenants
- Risks: limited neighborhood park/cafe amenities and older building systems require active asset management